Developing countries pull ahead for first time since 2013 despite widespread gloom

Toxic mix of politics, governance concerns and valuation puts off investors

China’s offshore renminbi has weakened to its lowest level in five months

Move raises questions about country’s ability to continue servicing its debt

Sovereign debt levels in developing nations are up from 34% of GDP in 2008 to 49.7% at the end of 2018

Investors shun Karachi bourse only two years after promotion from frontier status

Developing countries still account for a small portion of world market capitalisation

Rise of passive, index-driven investment could have destabilising effect, says Fund

Risk, return and diversification benefits appear to stack up, despite criticism

Rising market shores up confidence but households vulnerable to slowing economy

Dwindling inflationary pressures allow central banks to begin to cut interest rates

Robust demand for yield leads to coupon cut for Accra’s $3bn debt sale

Admission of kingdom’s stocks comes just months after journalist’s murder caused outcry

Admission into FTSE Russell and S&P Dow Jones comes ahead of MSCI inclusion in June

Surprise rate cut blamed for this year’s worst forex sell-off